Market analysis

Those of you who follow the financial markets are reading today that stocks are up big because the U.S. took over Fannie Mae and Freddie Mac. Once again the news media has it wrong.

NewMexiKen moved his remaining stock portfolio to money market funds on Friday. Stocks are up big today because I moved out of stocks Friday.

2 thoughts on “Market analysis”

  1. Nah. It’s like I had three broken legs when I sold, but after today some people have four broken legs and I still only have three. 🙂

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